Electric Two-wheelers & Three-wheelers Export Start-up Business Seeking Funds

Chennai, Tamil Nadu, India

Trading Business

Investment
1 Crs

Category
Trading Business

Turnover
N.A

Sub Category
Import & Export

Legal Entity
Partnership-LLP

Business Listed By
Business Owner

Our venture, based in Chennai, Tamil Nadu, envisions becoming a key player in the electric two-wheelers and three-wheelers export market. As demand continues to rise, we plan to establish a warehouse and factory in Chennai once our monthly export reaches above 500 vehicles. We will soon open showroom in Togo/Benin to showcase our proposed models. In phase I, we aim to be a full-service provider for fleet operators in Africa, offering vehicle customization, technology solutions, swapping and charging stations, and operational support. Phase II involves collaborating with other brand two-wheeler distributors. The demand in Africa is promising, with ongoing discussions with five importers. We've already secured an agreement and projected sales plan until 2025 with one importer from Benin for high-speed bikes. Our calculations are based on this agreement, indicating a robust market. To achieve our expansion plans, we seek funds for company formation, warehouse, and factory setup in Chennai, as well as establishing an office and workshop in Togo/Benin. Your investment will propel us to meet the growing demand and solidify our position in the electric vehicle export industry."

Year of Commencement

2023

No. of Team Members

N.A

Current Stage of Startup

Ready-to-Launch

Business Relocatable

Yes

Purpose of Investment

Expansion

Investor Role

Silent

Previous Investment Infused

Investment Required As

Angel Investment

Proposed Deal Structure

N.A

Summarize your Idea/Business

As demand continues to rise, we plan to establish a warehouse and factory in Chennai once our monthly export reaches above 500 vehicles.

Key Highlights

We aim to be a full-service provider for fleet operators in Africa, offering vehicle customization, technology solutions, swapping and charging stations, and operational support. Phase II involves collaborating with other brand two-wheeler distributors.

Future Potential

Very High

Team Overview

N.A

Competition / Market

Yes we have some competition

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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